Facial Recognition Market Size, Share and Growth Report 2028

Facial Recognition Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Component (Software, Hardware, and Services), Application (Security & Surveillance, Access Control, and Others), and Vertical (BFSI, Retail & Ecommerce, Government, Healthcare, Education, Automotive & Transportation, and Others)

Publication Month: Feb 2022 | Report Code: TIPRE00003385 | No. of Pages: 165 | Category: Technology, Media and Telecommunications | Status: Published

The facial recognitionmarket is projected to reach US$ 12,670.22 million by 2028 from US$ 5,012.71 million in 2021; it is expected to grow at a CAGR of 14.2% from 2021 to 2028.

Biometrics gained huge traction among intelligence agencies after the world witnessed several severe terrorist attacks in the past, e.g., the attack on World Trade Center on September 11, 2011, in the US. The data were collected worldwide through biometric, especially by military personnel in possibly high-threat nations. Governments of various countries, such as the US and China, are investing in the adoption of facial recognition technologies. China is one of the significant adopters and exporters of facial recognition tools. According to Comparitech, China has the most extensive public surveillance system as the number of CCTV cameras increased to 626 million in 2020. The country government reinforces these systems with the integration of facial recognition technologies. Furthermore, in the military sector, facial recognition systems are employed to identify individuals on the battlefield.The US military has spent more than US$ 4.5 million in the development of facial recognition technology that reads the heat patterns emitted by faces to identify specific people. Thus, the above metioned factors drive the facial recognition market growth.

Strategic Insights


Impact of COVID-19 Pandemic on Facial Recognition Market

The COVID-19 pandemic has shaken several industries. Due to rising concern for hygiene, many companies are shifting toward facial recognition as a sanitary alternative to avoid the spread of novel coronavirus.In many countries, law enforcement and organization have moved from legacy systems to facial recognition solutions to avoid the spread of infection. In addition, the integration of artificial intelligence (AI) offers a practical solution by combining both facial recognition technology and temperature detection. During the COVID-19 outbreak in China, authorities used facial recognition, combined with infrared cameras, to recognize infected people. Also, Chinese intelligent interaction company, Hanwang Technology, developed a facial recognition technology that can identify people wearing masks in the country. Thus, the overall impact of COVID-19 pandemic on the facial recognition market is low to moderate due to the increasing adoption of the technology to avoid the spread of the novel coronavirus.

Lucrative Regions in Facial Recognition Market

Lucrative Regions in Facial Recognition Market

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Market Insights – Facial Recognition Market

Rising Investment by Government Sector Propels Facial Recognition Market Growth

The government segment consists of various government facilities, defense facilities, municipalities, utility stations, and others. Owing to the increasing emphasis on national security, governments across the world are investing significantly in advanced security solutions such as facial recognition systems. Also, the increasing emphasis on developing smart cities is among the other factors contributing to the adoption of facial recognition system for enhanced security and surveillance applications, which drives the facial recognition market growth.

Application-Based Insights

Based on device, the facial recognition market is segmented into security & surveillance, access control, and others. The security & surveillance segment held the largest market share in 2021.

Players operating in the facial recognition market are mainly focused on the development of advanced and efficient products.

  • In January 2022, Tech5 announced partnership with NIDP Ethiopia Partners in the field of biometric and digital ID technologies.
  • In January 2022, BAXE and Haventec partnered with IDEMIA to launch the first blockchain ecosystem using a facial authentication solution for identification.

The facial recognition market is segmented on the basis of component, application, and vertical. Based on component, the market is segmented into software, hardware, and services. In 2021, the software segment led the market with the largest share. Based on application, the facial recognition market is segmented into security & surveillance, access control, and others. In 2021, the security & surveillance segment led the market and accounted for the largest share. Based on vertical, the facial recognition market is segmented into BFSI, retail and e-commerce, government, healthcare, education, automotive and transportation, and others. In 2021, the government segment held the largest share of the market. By geography, the facial recognition market is broadly segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). In 2021, APAC accounted for a significant share in the market.

Tech5, IDEMIA, Aware Inc., Cognitec Systems GmbH, Ayonix Corporation, Fujitsu Limited, Onfido, NEC Corporation, Thales Group, and Face PHI are among the key players operating in the global facial recognition market and profiled in the market study.

Frequently Asked Questions

The facial recognition have been in use for several years worldwide, however, the technology has been experiencing immense demand in recent years. Increasing demand from government and defense sectors and burgeoning adoption of ai-based facial recognition systems are supporting the growth of facial recognition market.
Cloud-based facial recognition systems benefit through real-time processing. On-demand self-service allows customers to quickly procure and access the services they want. Cloud computing offers broad access to systems as it offers quick and reliable integration with other applications. Cloud-based solutions reduce various upfront costs and eliminate concerns related to the maintenance of servers. Hence, cloud-based solutions are best-suited for small and medium enterprises (SMEs) and organizations that cannot bear the cost of on-premises solutions. The increasing adoption of cloud-based technologies and the Internet of Things (IoT) is, thus, creating excellent opportunities for the future growth of facial recognition system vendors.
The global facial recognition market was dominated by security & surveillance application segment accounted for the largest share in 2021 during the forecast period. L Facial recognition is used by regional as well as international agencies such as the Interpol to identify potential suspects or find missing persons. Moreover, advanced facial recognition tools used by Security and Surveillance agencies are able to analysis several faces in real-time for security and surveillance application.
In 2021, APAC led the market with a substantial revenue share, followed by North America and Europe. China is the leading country in APAC for facial recognition, and it is expected to rise rapidly over the projection period, followed by the Japan and India.
The major companies in facial recognition includes IDEMIA, Leidos, NEC Corporation, Thales Group and Cognitec. The ranking has been derived analysing multiple parameters such as annual revenue earned from facial recognition portfolio, client base, geographic locations, R&D expenditure, brand image, and number of employees, among others. These companies are actively participating in developing facial recognition for various applications.
China held the largest share in APAC region. The demand for the facial recognition market is growing in China due to rise in the use of facial recognitions in several sectors. In addition, the government's increasing focus on airport sectors and growing adoption in education sectors is fueling the market growth. For instance, in 2019, Beijing Daxing International Airport has been incorporating facial recognition software, and it’s being used from identifying passengers to purchasing items from the duty-free store..

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Facial Recognition Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.2.1 North America

4.2.2 Europe

4.2.3 Asia Pacific

4.2.4 MEA

4.2.5 SAM

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. Global Facial Recognition Market – Key Industry Dynamics

5.1 Market Drivers

5.1.1 Increasing Demand from Government and Defense Sectors

5.1.2 Burgeoning Adoption of AI-Based Facial Recognition Systems

5.2 Market Restraints

5.2.1 Restricted Adoption due to Technical Drawbacks

5.3 Market Opportunities

5.3.1 Adoption of Cloud-Based Facial Recognition Technology

5.4 Future Trends

5.4.1 3D Face Recognition Systems

5.5 Impact Analysis of Drivers and Restraints

6. Facial Recognition Market – Global Analysis

6.1 Facial Recognition Market Overview

6.2 Facial Recognition Market Revenue and Forecast to 2028 (US$ Million)

6.3 Market Positioning – Five Key Players

7. Facial Recognition Market Analysis – By Component

7.1 Overview

7.2 Facial Recognition Market, By Component (2020 and 2028)

7.3 Software

7.3.1 Overview

7.3.2 Software: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

7.3.3 2D Facial Recognition

7.3.4 Overview

7.3.5 2D Facial Recognition: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

7.3.6 3D Facial Recognition

7.3.7 Overview

7.3.8 3D Facial Recognition: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

7.3.9 Facial Analytics

7.3.10 Overview

7.3.11 Facial Analytics: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

7.4 Services

7.4.1 Overview

7.4.2 Services: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

7.4.3 Training and Consulting

7.4.4 Overview

7.4.5 Training and Consulting: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

7.4.6 Integration and Implementation

7.4.7 Overview

7.4.8 Integration and Implementation: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

7.4.9 Support and Maintenance

7.4.10 Overview

7.4.11 Support and Maintenance: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

8. Facial Recognition Market Analysis – By Application

8.1 Overview

8.2 Facial Recognition Market, By Application (2020 and 2028)

8.3 Security and Surveillance

8.3.1 Overview

8.3.2 Security and Surveillance: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

8.4 Access Control

8.4.1 Overview

8.4.2 Access Control: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

8.5 Others

8.5.1 Overview

8.5.2 Others: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

9. Facial Recognition Market Analysis – By Vertical

9.1 Overview

9.2 Facial Recognition Market, By Vertical (2020 and 2028)

9.3 BFSI

9.3.1 Overview

9.3.2 BFSI: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

9.4 Retail and E-commerce

9.4.1 Overview

9.4.2 Retail and E-commerce: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

9.5 Government

9.5.1 Overview

9.5.2 Government: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

9.6 Healthcare

9.6.1 Overview

9.6.2 Healthcare: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

9.7 Education

9.7.1 Overview

9.7.2 Education: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

9.8 Automobile and Transportation

9.8.1 Overview

9.8.2 Automobile and Transportation: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

9.9 Others

9.9.1 Overview

9.9.2 Others: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

10. Facial Recognition Market – Geographic Analysis

10.1 Overview

10.2 North America: Facial Recognition Market

10.2.1 North America: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

10.2.2 North America: Facial Recognition Market, By Component

10.2.3 North America: Facial Recognition Market, by Application

10.2.4 North America: Facial Recognition Market, by Vertical

10.2.5 North America: Facial Recognition Market, by Key Country

10.2.5.1 US: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

10.2.5.1.1 US: Facial Recognition Market, By Component

10.2.5.1.2 US: Facial Recognition Market, by Application

10.2.5.1.3 US: Facial Recognition Market, by Vertical

10.2.5.2 Canada: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

10.2.5.2.1 Canada: Facial Recognition Market, By Component

10.2.5.2.2 Canada: Facial Recognition Market, by Application

10.2.5.2.3 Canada: Facial Recognition Market, by Vertical

10.2.5.3 Mexico: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

10.2.5.3.1 Mexico: Facial Recognition Market, By Component

10.2.5.3.2 Mexico: Facial Recognition Market, by Application

10.2.5.3.3 Mexico: Facial Recognition Market, by Vertical

10.3 Europe: Facial Recognition Market

10.3.1 Europe: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

10.3.2 Europe: Facial Recognition Market, By Component

10.3.3 Europe: Facial Recognition Market, by Application

10.3.4 Europe: Facial Recognition Market, by Vertical

10.3.5 Europe: Facial Recognition Market, by Key Country

10.3.5.1 France: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

10.3.5.1.1 France: Facial Recognition Market, By Component

10.3.5.1.2 France: Facial Recognition Market, by Application

10.3.5.1.3 France: Facial Recognition Market, by Vertical

10.3.5.2 Germany: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

10.3.5.2.1 Germany: Facial Recognition Market, By Component

10.3.5.2.2 Germany: Facial Recognition Market, by Application

10.3.5.2.3 Germany: Facial Recognition Market, by Vertical

10.3.5.3 Italy: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

10.3.5.3.1 Italy: Facial Recognition Market, By Component

10.3.5.3.2 Italy: Facial Recognition Market, by Application

10.3.5.3.3 Italy: Facial Recognition Market, by Vertical

10.3.5.4 UK: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

10.3.5.4.1 UK: Facial Recognition Market, By Component

10.3.5.4.2 UK: Facial Recognition Market, by Application

10.3.5.4.3 UK: Facial Recognition Market, by Vertical

10.3.5.5 Russia: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

10.3.5.5.1 Russia: Facial Recognition Market, By Component

10.3.5.5.2 Russia: Facial Recognition Market, by Application

10.3.5.5.3 Russia: Facial Recognition Market, by Vertical

10.3.5.6 Rest of Europe: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

10.3.5.6.1 Rest of Europe: Facial Recognition Market, By Component

10.3.5.6.2 Rest of Europe: Facial Recognition Market, by Application

10.3.5.6.3 Rest of Europe: Facial Recognition Market, by Vertical

10.4 APAC: Facial Recognition Market

10.4.1 APAC: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

10.4.2 APAC: Facial Recognition Market, By Component

10.4.3 APAC: Facial Recognition Market, by Application

10.4.4 APAC: Facial Recognition Market, by Vertical

10.4.5 APAC: Facial Recognition Market, by Key Country

10.4.5.1 China: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

10.4.5.1.1 China: Facial Recognition Market, By Component

10.4.5.1.2 China: Facial Recognition Market, by Application

10.4.5.1.3 China: Facial Recognition Market, by Vertical

10.4.5.2 India: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

10.4.5.2.1 India: Facial Recognition Market, By Component

10.4.5.2.2 India: Facial Recognition Market, by Application

10.4.5.2.3 India: Facial Recognition Market, by Vertical

10.4.5.3 Japan: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

10.4.5.3.1 Japan: Facial Recognition Market, By Component

10.4.5.3.2 Japan: Facial Recognition Market, by Application

10.4.5.3.3 Japan: Facial Recognition Market, by Vertical

10.4.5.4 South Korea: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

10.4.5.5 South Korea: Facial Recognition Market, By Component

10.4.5.5.1 South Korea: Facial Recognition Market, by Application

10.4.5.5.2 South Korea: Facial Recognition Market, by Vertical

10.4.5.6 Rest of APAC: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

10.4.5.6.1 Rest of APAC: Facial Recognition Market, By Component

10.4.5.6.2 Rest of APAC: Facial Recognition Market, by Application

10.4.5.6.3 Rest of APAC: Facial Recognition Market, by Vertical

10.5 MEA: Facial Recognition Market

10.5.1 MEA: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

10.5.2 MEA: Facial Recognition Market, By Component

10.5.3 MEA: Facial Recognition Market, by Application

10.5.4 MEA: Facial Recognition Market, by Vertical

10.5.5 MEA: Facial Recognition Market, by Key Country

10.5.5.1 South Africa: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

10.5.5.1.1 South Africa: Facial Recognition Market, By Component

10.5.5.1.2 South Africa: Facial Recognition Market, by Application

10.5.5.1.3 South Africa: Facial Recognition Market, by Vertical

10.5.5.2 UAE: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

10.5.5.2.1 UAE: Facial Recognition Market, By Component

10.5.5.2.2 UAE: Facial Recognition Market, by Application

10.5.5.2.3 UAE: Facial Recognition Market, by Vertical

10.5.5.3 Rest of MEA: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

10.5.5.3.1 Rest of MEA: Facial Recognition Market, By Component

10.5.5.3.2 Rest of MEA: Facial Recognition Market, by Application

10.5.5.3.3 Rest of MEA: Facial Recognition Market, by Vertical

10.6 SAM: Facial Recognition Market

10.6.1 SAM: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

10.6.2 SAM: Facial Recognition Market, By Component

10.6.3 SAM: Facial Recognition Market, by Application

10.6.4 SAM: Facial Recognition Market, by Vertical

10.6.5 SAM: Facial Recognition Market, by Key Country

10.6.5.1 Brazil: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

10.6.5.1.1 Brazil: Facial Recognition Market, By Component

10.6.5.1.2 Brazil: Facial Recognition Market, by Application

10.6.5.1.3 Brazil: Facial Recognition Market, by Vertical

10.6.5.2 Argentina: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

10.6.5.2.1 Argentina: Facial Recognition Market, By Component

10.6.5.2.2 Argentina: Facial Recognition Market, by Application

10.6.5.2.3 Argentina: Facial Recognition Market, by Vertical

10.6.5.3 Rest of SAM: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

10.6.5.3.1 Rest of SAM: Facial Recognition Market, By Component

10.6.5.3.2 Rest of SAM: Facial Recognition Market, by Application

10.6.5.3.3 Rest of SAM: Facial Recognition Market, by Vertical

11. Facial Recognition Market - COVID-19 Impact Analysis

11.1 Overview

11.2 North America: Impact Assessment of COVID-19 Pandemic

11.3 Europe: Impact Assessment of COVID-19 Pandemic

11.4 Asia Pacific: Impact Assessment of COVID-19 Pandemic

11.5 Middle East & Africa: Impact Assessment of COVID-19 Pandemic

11.6 South America Impact Assessment of COVID-19 Pandemic

12. Industry Landscape

12.1 Overview

12.2 Market Initiative

12.3 New Product Development

12.4 Merger and Acquisition

13. Company Profiles

13.1 Tech5

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 IDEMIA

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 Aware Inc.

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 Cognitec Systems GmbH

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 Ayonix Corporation

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 Fujitsu Limited

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Products and Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

13.6.6 Key Developments

13.7 Onfido

13.7.1 Key Facts

13.7.2 Business Description

13.7.3 Products and Services

13.7.4 Financial Overview

13.7.5 SWOT Analysis

13.7.6 Key Developments

13.8 NEC Corporation

13.8.1 Key Facts

13.8.2 Business Description

13.8.3 Products and Services

13.8.4 Financial Overview

13.8.5 SWOT Analysis

13.8.6 Key Developments

13.9 Thales Group

13.9.1 Key Facts

13.9.2 Business Description

13.9.3 Products and Services

13.9.4 Financial Overview

13.9.5 SWOT Analysis

13.9.6 Key Developments

13.10 Face PHI

13.10.1 Key Facts

13.10.2 Business Description

13.10.3 Products and Services

13.10.4 Financial Overview

13.10.5 SWOT Analysis

13.10.6 Key Developments

14. Appendix

14.1 About The Insight Partners

14.2 Word Index


LIST OF TABLES

Table 1. Facial Recognition market – Revenue and Forecast to 2028 (US$ Million)

Table 2. North America: Facial Recognition Market, By Component – Revenue and Forecast to 2028 (US$ Million)

Table 3. North America: Facial Recognition Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 4. North America: Facial Recognition Market, by Vertical – Revenue and Forecast to 2028 (US$ Million)

Table 5. US: Facial Recognition Market, By Component –Revenue and Forecast to 2028 (US$ Million)

Table 6. US: Facial Recognition Market, by Application –Revenue and Forecast to 2028 (US$ Million)

Table 7. US: Facial Recognition Market, by Vertical –Revenue and Forecast to 2028 (US$ Million)

Table 8. Canada: Facial Recognition Market, By Component – Revenue and Forecast to 2028 (US$ Million)

Table 9. Canada: Facial Recognition Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 10. Canada: Facial Recognition Market, by Vertical – Revenue and Forecast to 2028 (US$ Million)

Table 11. Mexico: Facial Recognition Market, By Component – Revenue and Forecast to 2028 (US$ Million)

Table 12. Mexico: Facial Recognition Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 13. Mexico: Facial Recognition Market, by Vertical – Revenue and Forecast to 2028 (US$ Million)

Table 14. Europe: Facial Recognition Market, By Component– Revenue and Forecast to 2028 (US$ Million)

Table 15. Europe: Facial Recognition Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 16. Europe: Facial Recognition Market, by Vertical– Revenue and Forecast to 2028 (US$ Million)

Table 17. France: Facial Recognition Market, By Component – Revenue and Forecast to 2028 (US$ Million)

Table 18. France: Facial Recognition Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 19. France: Facial Recognition Market, by Vertical – Revenue and Forecast to 2028 (US$ Million)

Table 20. Germany: Facial Recognition Market, By Component – Revenue and Forecast to 2028 (US$ Million)

Table 21. Germany: Facial Recognition Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 22. Germany: Facial Recognition Market, by Vertical – Revenue and Forecast to 2028 (US$ Million)

Table 23. Italy: Facial Recognition Market, By Component – Revenue and Forecast to 2028 (US$ Million)

Table 24. Italy: Facial Recognition Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 25. Italy: Facial Recognition Market, by Vertical – Revenue and Forecast to 2028 (US$ Million)

Table 26. UK: Facial Recognition Market, By Component – Revenue and Forecast to 2028 (US$ Million)

Table 27. UK: Facial Recognition Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 28. UK: Facial Recognition Market, by Vertical – Revenue and Forecast to 2028 (US$ Million)

Table 29. Russia: Facial Recognition Market, By Component – Revenue and Forecast to 2028 (US$ Million)

Table 30. Russia: Facial Recognition Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 31. Russia: Facial Recognition Market, by Vertical – Revenue and Forecast to 2028 (US$ Million)

Table 32. Rest of Europe: Facial Recognition Market, By Component – Revenue and Forecast to 2028 (US$ Million)

Table 33. Rest of Europe: Facial Recognition Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 34. Rest of Europe: Facial Recognition Market, by Vertical – Revenue and Forecast to 2028 (US$ Million)

Table 35. APAC: Facial Recognition Market, By Component – Revenue and Forecast to 2028 (US$ Million)

Table 36. APAC: Facial Recognition Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 37. APAC: Facial Recognition Market, by Vertical – Revenue and Forecast to 2028 (US$ Million)

Table 38. China: Facial Recognition Market, By Component – Revenue and Forecast to 2028 (US$ Million)

Table 39. China: Facial Recognition Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 40. China: Facial Recognition Market, by Vertical – Revenue and Forecast to 2028 (US$ Million)

Table 41. India: Facial Recognition Market, By Component – Revenue and Forecast to 2028 (US$ Million)

Table 42. India: Facial Recognition Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 43. India: Facial Recognition Market, by Vertical – Revenue and Forecast to 2028 (US$ Million)

Table 44. Japan: Facial Recognition Market, By Component – Revenue and Forecast to 2028 (US$ Million)

Table 45. Japan: Facial Recognition Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 46. Japan: Facial Recognition Market, by Vertical – Revenue and Forecast to 2028 (US$ Million)

Table 47. South Korea: Facial Recognition Market, By Component – Revenue and Forecast to 2028 (US$ Million)

Table 48. South Korea: Facial Recognition Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 49. South Korea: Facial Recognition Market, by Vertical – Revenue and Forecast to 2028 (US$ Million)

Table 50. Rest of APAC: Facial Recognition Market, By Component – Revenue and Forecast to 2028 (US$ Million)

Table 51. Rest of APAC: Facial Recognition Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 52. Rest of APAC: Facial Recognition Market, by Vertical – Revenue and Forecast to 2028 (US$ Million)

Table 53. MEA: Facial Recognition Market, By Component– Revenue and Forecast to 2028 (US$ Million)

Table 54. MEA: Facial Recognition Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 55. MEA: Facial Recognition Market, by Vertical – Revenue and Forecast to 2028 (US$ Million)

Table 56. South Africa: Facial Recognition Market, By Component – Revenue and Forecast to 2028 (US$ Million)

Table 57. South Africa: Facial Recognition Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 58. South Africa: Facial Recognition Market, by Vertical – Revenue and Forecast to 2028 (US$ Million)

Table 59. UAE: Facial Recognition Market, By Component – Revenue and Forecast to 2028 (US$ Million)

Table 60. UAE: Facial Recognition Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 61. UAE: Facial Recognition Market, by Vertical – Revenue and Forecast to 2028 (US$ Million)

Table 62. Rest of MEA: Facial Recognition Market, By Component – Revenue and Forecast to 2028 (US$ Million)

Table 63. Rest of MEA: Facial Recognition Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 64. Rest of MEA: Facial Recognition Market, by Vertical – Revenue and Forecast to 2028 (US$ Million)

Table 65. SAM: Facial Recognition Market, By Component– Revenue and Forecast to 2028 (US$ Million)

Table 66. SAM: Facial Recognition Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 67. SAM: Facial Recognition Market, by Vertical– Revenue and Forecast to 2028 (US$ Million)

Table 68. Brazil: Facial Recognition Market, By Component – Revenue and Forecast to 2028 (US$ Million)

Table 69. Brazil: Facial Recognition Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 70. Brazil: Facial Recognition Market, by Vertical – Revenue and Forecast to 2028 (US$ Million)

Table 71. Argentina: Facial Recognition Market, By Component – Revenue and Forecast to 2028 (US$ Million)

Table 72. Argentina: Facial Recognition Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 73. Argentina: Facial Recognition Market, by Vertical – Revenue and Forecast to 2028 (US$ Million)

Table 74. Rest of SAM: Facial Recognition Market, By Component – Revenue and Forecast to 2028 (US$ Million)

Table 75. Rest of SAM: Facial Recognition Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 76. Rest of SAM: Facial Recognition Market, by Vertical – Revenue and Forecast to 2028 (US$ Million)

Table 77. List of Abbreviation


LIST OF FIGURES

Figure 1. Facial Recognition Market Segmentation

Figure 2. Facial Recognition market Segmentation – By Geography

Figure 3. Global Facial Recognition Market Overview

Figure 4. Software Segment held the largest share in 2020

Figure 5. Security & Surveillance Segment held the largest share in 2020

Figure 6. BFSI Segment held the largest share in 2020

Figure 7. Asia Pacific held the largest share in 2020

Figure 8. North America: PEST Analysis

Figure 9. Europe: PEST Analysis

Figure 10. Asia Pacific: PEST Analysis

Figure 11. MEA: PEST Analysis

Figure 12. SAM: PEST Analysis

Figure 13. Facial Recognition Market: Ecosystem Analysis

Figure 14. Expert Opinion

Figure 15. Impact Analysis of Drivers and Restraints

Figure 16. Facial Recognition Market – Geographic Analysis

Figure 17. Facial Recognition market Revenue and Forecast to 2028 (US$ Million)

Figure 18. Facial Recognition Market Revenue Share, By Component (2020 and 2028)

Figure 19. Software: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20. 2D Facial Recognition: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21. 3D Facial Recognition: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22. Facial Analytics: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23. Services: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24. Training and Consulting: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25. Integration and Implementation: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26. Support and Maintenance: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27. Facial Recognition Market Revenue Share, by Application (2020 and 2028)

Figure 28. Security and Surveillance: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 29. Access Control: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 30. Others: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 31. Facial Recognition Market Revenue Share, by Vertical (2020 and 2028)

Figure 32. BFSI: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 33. Retail and E-commerce: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 34. Government: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 35. Healthcare: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 36. Education: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 37. Automobile and Transportation: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 38. Others: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 39. Global Facial Recognition Market Revenue Share, by Region (2020 and 2028)

Figure 40. North America: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 41. North America: Facial Recognition Market Revenue Share, By Component (2020 and 2028)

Figure 42. North America: Facial Recognition Market Revenue Share, by Application (2020 and 2028)

Figure 43. North America: Facial Recognition Market Revenue Share, by Vertical (2020 and 2028)

Figure 44. North America: Facial Recognition Market Revenue Share, by Key Country (2020 and 2028)

Figure 45. US: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 46. Canada: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 47. Mexico: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 48. Europe: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 49. Europe: Facial Recognition Market Revenue Share, By Component (2020 and 2028)

Figure 50. Europe: Facial Recognition Market Revenue Share, by Application (2020 and 2028)

Figure 51. Europe: Facial Recognition Market Revenue Share, by Vertical (2020 and 2028)

Figure 52. Europe: Facial Recognition Market Revenue Share, by Key Country (2020 and 2028)

Figure 53. France: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 54. Germany: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 55. Italy: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 56. UK: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 57. Russia: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 58. Rest of Europe: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 59. APAC: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 60. APAC: Facial Recognition Market Revenue Share, By Component (2020 and 2028)

Figure 61. APAC: Facial Recognition Market Revenue Share, by Application (2020 and 2028)

Figure 62. APAC: Facial Recognition Market Revenue Share, by Vertical (2020 and 2028)

Figure 63. APAC: Facial Recognition Market Revenue Share, by Key Country (2020 and 2028)

Figure 64. China: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 65. India: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 66. Japan: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 67. South Korea: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 68. Rest of APAC: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 69. MEA: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 70. MEA: Facial Recognition Market Revenue Share, By Component (2020 and 2028)

Figure 71. MEA: Facial Recognition Market Revenue Share, by Application (2020 and 2028)

Figure 72. MEA: Facial Recognition Market Revenue Share, by Vertical (2020 and 2028)

Figure 73. MEA: Facial Recognition Market Revenue Share, by Key Country (2020 and 2028)

Figure 74. South Africa: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 75. UAE: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 76. Rest of MEA: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 77. SAM: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 78. SAM: Facial Recognition Market Revenue Share, By Component (2020 and 2028)

Figure 79. SAM: Facial Recognition Market Revenue Share, by Application (2020 and 2028)

Figure 80. SAM: Facial Recognition Market Revenue Share, by Vertical (2020 and 2028)

Figure 81. SAM: Facial Recognition Market Revenue Share, by Key Country (2020 and 2028)

Figure 82. Brazil: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 83. Argentina: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 84. Rest of SAM: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 85. Impact of COVID-19 Pandemic in North American Country Markets

Figure 86. Impact of COVID-19 Pandemic in Europe Country Markets

Figure 87. Impact of COVID-19 Pandemic in Asia Pacific Country Markets

Figure 88. Impact of COVID-19 Pandemic in the Middle East & Africa Country Markets

Figure 89. Impact of COVID-19 Pandemic in South America Country Markets

The List of Companies - Facial Recognition Market

  1. Tech5
  2. IDEMIA
  3. Aware Inc.
  4. Cognitec Systems GmbH
  5. Ayonix Corporation
  6. Fujitsu Limited
  7. Onfido
  8. NEC Corporation
  9. Thales Group
  10. Face PHI
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global facial recognition market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the global facial recognition market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
TIPRE00003385
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